Business

Apple is battling to gain a foothold in Indonesia after nationalistic regulations hit the US tech giant's efforts to compete in the booming emerging market against Samsung and other rivals.

Domestic software developers are expecting that North America will become the second market for Vietnamese outsourcing companies, after Japan.

Several fish sauce associations have sought for help from the PM to save the local fish sauce industry after a recent warning by Vietnam Standards and Consumers Association about the high arsenic levels in the product.

Vietlott said they had protected the winner's identity as requested after many people raised doubts about the company's credibility when it gave the prize to a masked man on October 18.

Inspectors of the Science and Technology Ministry and the Police Department for Economic Management on October 21 destroyed up to 2,300 fake fashion products.

Moody’s Investors Service has just concluded its review of eight Vietnamese banks.

Vietnam is planning to merge the Hanoi Stock Exchange and HCM City Stock Exchange into the Vietnam Stock Exchange to improve transparency and attract more foreign investors.

The Government Inspectorate has urged the Ministry of Public Security to investigate PetroVietnam's USD359-million polyester manufacturing plant after it made huge losses.

A string of summits which aim to further links among Greater Mekong Sub-region countries will take place in Hanoi from October 24-26.

Five industrial corridors will be formed in the Red River Delta under a plan on industrial development for the region until 2025 with a view extended to 2035 recently approved by the Minister of Industry and Trade.

The European Chamber of Commerce in Vietnam released its Business Climate Index for Quarter 3 of 2016, with positive sentiment among EuroCham members about Vietnam’s business environment set at a level of 86.

Deputy Prime Minister Vuong Dinh Hue has requested ministries and relevant agencies to make all-out efforts to keep inflation between 4.5-5% as set by the National Assembly in 2016.

The low-cost airline Jetstar Pacific has announced the addition of four routes linking Vietnam’s main cities to countries in Northeast Asia with 180-seat Airbus A320 aircrafts.

Giving into the government’s urging, Vietnam’s two leading beer producers Hanoi Beer, Alcohol and Beverage JSC (Habeco) and Saigon Beer, Alcohol and Beverage JSC (Sabeco) have both registered to list their shares on stock exchanges and received approval.

Slow ODA disbursement is badly affecting Vietnam's credibility and development according a workshop on ODA programmes.

The Vietnam Standards and Consumers Association (Vinastas) confirmed on October 17 that a survey it conducted nationally found that most fish sauce has arsenic content exceeding permitted levels.

Consideration is being given to raising the basic monthly wage of public servants to VND1.3 million ($58.3) next year, as recommended by a number of National Assembly delegates.

The Central Highlands provinces of Dak Lak, Dak Nong, Lam Dong and Gia Lai have replaced thousands of hectares of unproductive coffee trees with other plants which have higher economic values such as perennial fruit trees, cashew and pepper.

Hanoi’s authorities have restarted the Song Hong City project along Red River with South Korean investors after a 22-year delay.